
XAnge invests €3m in Dynadmic
XAnge Private Equity has provided Dynadmic, a French developer of advertisement targeting software, with €3m for its series-A funding round.
The fresh capital will be used by Dynadmic to commence the roll-out of its services across North and South America, particularly in the US and Brazil.
Company
Founded in 2012, Dynadmic is headquartered in Grasse, France, with additional offices located in São Paulo in Brazil and New York in the US.
The company operates an online marketplace for video advertising inventory. It has developed a targeting platform that is cookieless and designed to use video content recognition to identify consumers' interests, and subsequently provide relevant ads.
Customers include Red Bull, Lindt, Nissan and Orange. The company employs 30 staff.
People
Chairman Stephane Bonjean and CEO/CTO Bruno Champion are the founders of Dynadmic. Nicolas Rose is a partner at XAnge.
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